Mining Tax

Australia needs a robust tax system with fair and efficient taxation of mining super profits.

National organisations representing social and community sector, unions, environmental and consumer groups have called for the voices of ordinary Australians to be heard in a tax debate that has been dominated by powerful vested mining interests.

Reform of mining tax is essential to improve the fairness and efficiency of Australia's tax system and strengthen the national economy.

The strong demand for our resource exports has sent resource prices soaring and delivered windfall profit gains to the big mining companies. There is both need and capacity to raise more tax revenue from this boom, and to use it to build a stronger, more sustainable economy and a fairer Australian society. Fair and efficient taxation of Australia's natural resources is critical if all Australians are to obtain lasting benefits from the nation's mineral wealth.